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Tobacco ban would have ‘serious effect’ on Duty Free trade

Plans by the World Health Organisation (WHO) to ban the sale of tobacco and cigarettes in airports would have a “serious effect on
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Gulf’s private equity market ‘too crowded’ – expert

The GCC’s private equity market has grown too far, too fast, meaning that some firms will be forced to exit the sector, a local expert has warned
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Qatar seen leading GCC infrastructure push to 2014

Qatar is on course to lead the region in terms of infrastructure projects in the short term despite a near-22 percent slump in its construction
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Oman places $260m 5yr govt development bonds

The Gulf sultanate of Oman has placed 100 million rials ($260 million) in 5 year domestic development bonds, to be issued on July 26
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Rolls-Royce sees 98% rise in H1 sales in Mideast

Rolls-Royce has said it has seen car sales in the Middle East increase by 98 percent in the first half of 2010 compared to the same
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Cargo volumes rise at Abu Dhabi port despite slowdown

Slowed property development in Abu Dhabi hit container traffic at Port Zayed in the first half of the year but cargo volumes rose,
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Saudi Arabian landlords prefer expatriate tenants

With over 7,000 pending court cases in Jeddah alone, the Real Estate Committee at the Jeddah Chamber for Commerce and Industry
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GCC investors ‘forced to grow up’, says top banker

The financial crisis has forced GCC investors to grow up and become more rational and disciplined about their expectations, one of the ...
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Dubai real estate could face ‘double dip’ – Fitch

Ratings agency Fitch has warned that Dubai’s real estate sector could face a ‘double-dip’ contraction, and that the sector is likely ...
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Bahrain economy set to grow 4% this year

Bahrain's economy is expected to grow by slightly more than 4 percent this year, the Economic Development Board (EDB) said on Sunday ...
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Saudi’s Binladin group sells sukuk amid tight credit

Private contractor Saudi Binladin Group has raised 700 million riyals ($187 million) from the kingdom's first short term Islamic bond, ...
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Jordan property sales up in Q2

Property sales in Jordan increased 1-3 percent during the second quarter of 2010 as home financing improved and developers ...
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